All news – Page 169
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Half-year losses at Lilium spike on financing expenses
Half-year losses at German start-up Lilium have more than tripled year on year, nearing €390 million ($417 million), according to the firm’s latest financial statements.
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Pentagon contracts Lockheed for Bulgarian F-16s
Lockheed Martin has been contracted to build a second batch of eight F-16 Block 70 aircraft for Bulgaria.
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Airline leaders decry spare parts, supply chain issues
Spare parts availability and supply chain issues continue to vex airlines, who feel that manufacturers could do more to address the issue.
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Spain lines up deal for another 25 Eurofighters
Spain has kicked off the procurement of another 25 Eurofighter combat aircraft under its Halcon II programme.
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Bamboo Airways vows restructuring amid challenging year
Embattled Vietnamese carrier Bamboo Airways says work to restructure its operations is ongoing, as it targets improvements in its financial performance.
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USMC locates missing F-35 wreckage and pauses flight operations
The Pentagon located the crash site of a US Marine Corps F-35B fighter more than 12 hours after the pilot ejected and the craft went missing.
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Start-up carrier New Pacific Airlines to launch flights to Reno and Nashville
Recently re-branded US start-up New Pacific Airlines plans to double the size of its burgeoning networks with two new destinations – Reno, Nevada and Nashville, Tennessee.
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Marshall breaks ground on first US site
UK military MRO specialist Marshall Aerospace has held a ground-breaking ceremony for its new US facility in Greensboro, North Carolina.
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Northrop plans wide-ranging B-2 upgrades, including new anti-radar coating by year-end
The manufacturer of the iconic flying wing stealth bomber is undertaking a series of modernisations that will make the notoriously difficult-to-maintain B-2 easier to keep flightworthy, more lethal and compatible with the next-generation B-21 Raider stealth bomber.
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Safran reiterates Aneto advantages for UK NMH contest
Safran Helicopter Engines has redoubled its efforts to secure a place on the UK’s New Medium Helicopter (NMH) programme, reiterating the significant operational and economic advantages it believes selection of its Aneto-1K powerplant can offer.
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European buyer orders Elbit SkyStriker loitering munitions
Elbit Systems is to supply an undisclosed European customer with “several hundred” examples of its SkyStriker loitering munition, under a contract valued at $95 million.
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US military asks for public help in locating missing F-35
The US Marine Corps has been unable to locate the $100 million short take-off and vertical landing Lockheed Martin F-35B after the pilot ejected over South Carolina.
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Development ramp-up sees Heart Aerospace loss grow in 2022
Sweden’s Heart Aerospace made a loss of nearly SKr250 million ($22 million) last year as development activities on the start-up’s ES-30 hybrid-electric aircraft gathered pace.
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Switzerland’s Edelweiss brings in ex-LATAM A350s to replace A340s
Swiss carrier Edelweiss is to introduce six Airbus A350-900s, formerly operated by Latin American carrier LATAM, to replace its fleet of five A340-300s. Edelweiss will introduce the twinjets from summer 2025 and complete the renewal by the end of 2026. It states that the first four aircraft will temporarily retain ...
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Air Belgium to axe all scheduled passenger services as it seeks court restructuring
Air Belgium is to cancel all its scheduled flights from October, to focus on other activity, and file for court-authorised restructuring in order to reduce debts. The airline says its passenger operations are “proving to be chronically unprofitable” and it will instead focus solely on wet-lease and freight services. Air ...
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Joby reveals plan to open air taxi manufacturing site in Dayton, Ohio
US air taxi developer Joby Aviation has chosen a site in Dayton, Ohio as the place where it hopes eventually to manufacture an electric aircraft that remains in development and still must achieve certification.
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Airbus invests in ZeroAvia and aims to collaborate on certification
Airbus is to collaborate with hydrogen-electric propulsion specialist ZeroAvia on approaches to certification for power systems which use hydrogen, and co-operate in such technical areas as fuelling operations and fuel-cell testing. ZeroAvia has disclosed the collaboration as Airbus – along with several other entities – participate in a new financing ...
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Russian civil aviation authority Rosaviatsia’s long-standing chief Neradko replaced
Russian federal air transport regulator Rosaviatsia’s veteran head, Alexander Neradko, has been replaced by deputy Dmitry Yadrov. Neradko has arguably been the most senior figure in Russian civil aviation oversight for some 15 years, having led Rosaviatsia since 2009. Prime minister Mikhail Mishustin issued an order on 15 September confirming ...
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Competition regulator expresses concern over Norwegian-Wideroe tie-up
Competition regulators have expressed concern over budget carrier Norwegian’s proposed acquisition of regional airline Wideroe, and are set to carry out an in-depth analysis of the tie-up. Norwegian authority Konkurransetilsynet says there “may be reason” to believe that competition “will be weakened” in the aviation sector if the acquisition is ...
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HAL to produce 12 additional Su-30MKIs for the Indian air force
New Delhi has approved a plan to acquire 12 additional Sukhoi Su-30MKI fighters to be built by Hindustan Aeronautics (HAL) at its Nashik factory.